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UK government: To propose 50 percent CO2 emissions cut by 2030

2013-05-26 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Wall Street Journal: he U.K. government will propose that the European Union should commit to a legally binding 50% cut in emissions of carbon dioxide, compared with 1990 levels, by 2030, the country's Secretary of State for Energy and Climate Change, Ed Davey, said in a statement Saturday. The EU already targets a 20% cut in CO2 emissions by 2020, but this reduction is not ambitious enough, Mr. Davey said. So EU member states should commit to a unilateral 40% cut in emissions by 2030, and a 50% cut if a broader global...

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Gap's first-quarter profits rise 43 percent

2013-05-24 00:36:43| Apparel - Topix.net

Gap Inc. , which owns the Gap, Old Navy and Banana Republic clothing chains, reported on Thursday a 43 percent increase in its fiscal first-quarter net income as the company continues to reap benefits from the turnaround plan that it began early last year.

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Children's Place 1Q net income falls 22 percent

2013-05-23 20:27:16| Apparel - Topix.net

Amanda Manganiello and her mother, Ann Marie, look at T-shirts at The Children's Place store in White Plains, N.Y., in this 2006 file photo.

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New car sales seen up about 8 percent in May: research firms

2013-05-23 17:56:13| Auto Dealers - Topix.net

Auto sales in May are expected to rise about 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.

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HP profit falls 32 percent as PC and server sales plunge

2013-05-23 13:57:09| InfoWorld: Top News

Hewlett-Packard reported a 32 percent drop in profit for its second fiscal quarter, due partly to slower sales of PCs and servers. HP's revenue for the quarter, ended April 30, was $27.6 billion, down 10 percent from the same period last year, the company announced Wednesday.

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